Wednesday, March 17, 2010

Should Best Buy Buy Blockbuster?

Would it be a match made in heaven? Would Best Buy benefit from all the smaller locations Blockbuster has accumulated over the years? Additionally, would it be a good move for Best Buy to acquire Blockbusters kiosk and online video distribution? Although there is a weak connection here, I believe it is one worth exploring.

Any thoughts?

Stocks
BBI, BBY

Monday, March 15, 2010

ADXS Develops New Sorage For Listeria

NORTH BRUNSWICK, N.J.--(BUSINESS WIRE)-Advaxis Inc., (OTCBB: ADXS), the live, attenuated Listeria monocytogenes (Listeria) immunotherapy company has developing a long-term, room temperature, storage-stable form of its vaccines. This would replace the current requirement to keep the product frozen at -70o C before use.

Wednesday, March 03, 2010

Global Med Technologies

I am a shareholder of Global Med Technologies. I have a modest position of just ten shares. Recently I received a document requiring my vote on weather to allow a firm to purchase Global Med. The proposed purchase price is $1.22 per share, well below what I believe the firm is worth. However, $1.22 is significantly higher than the current book value of the firm, just eight cents. Currently the firm has more debt than cash, and their profit margin is a meager 3.24%. Although I do not want this acquisition to occur, I believe it is the best option for the firm and its shareholders.

I would like to thank Michael Ruxin for his years of dedicated service as the CEO of Global Med Technologis. I look forward to investing in his next venture.